HOW TO ACCESS NYSC LOAN

June 4, 2016. Imperial writers

NYSC is set to assist ex-corp members and the corp member that are about passing out with the NYSC soft loans called the NYSC foundation soft loan. The method of proposal submission is the best way to assess this loan. The essence lof this program is to increase the spirit of entrepreneurship among both the serving corp member and the serving corp members.

The national youth service corp (NYSC) with the foundation loan to corp members that are interested in becoming an entrepreneur will take place starting from 2015/2016 Batch A,B,C corps members and the incoming corps members.

Stated below are the list of requirment from the NYSC foundation loan; viz:

1. An Application letter.

2. A Bankable Business Plan/Proposal document.

3. Photocopies of Evidence of being a registered member.

(please note) You can submit your proposal to any NYSC State
Secretariats Nation wide. also note that:

1. The loan terms is 2 yrs that is to be repayable in two (2) years only.
2. The amount is N400, 000 0nly.

3. The interest rate is always 5% Biannual, that is about N20, 000 only.
4. The collateral is a level 12 Civil service holder as your grantor.
5. The certificate of national service shall serve as collateral for the loan.
It is instructive to note that the first set of beneficiaries will be issued cheques in October, 2015.

please endeavor to circulate this information to all corps members due to pass out soon.

The complete list of interested corps entrepreneurs and their certified Business plans should reach the undersigned latest on 11th September, 2016.

Prospective benefitiaries should endeavor to follow the payment procedure below:

ACCT NAME:- NYSC FOUNDATION

ACCT NO:- 1011560875

BANK:- ZENITH

SORT CODE:- 057080015.

Also, copies of letter of intent which are obtainable at all NYSC Secretariats are to be delivered by NYSC Foundation.
DON’Ts:
1. Do not submit a one paged proposal document. It must be well
written and detailed.

2. Don't write business proposals on businesses that will take long
to that will take too long to start yielding profit i.e make profit to repay the loan in two (2) years.

(Hint) If possible write on an existing business, they always have
an edge to getting loan approval (A proven fact).

If you Can't write a good wining Business Plan or Proposal?
Please Call "Imperial info-tech ventures" Writing Service Department on: 08068929770.

We write for:

1. Nysc Venture Prize Competition sponsored by CBN

2. Nysc Foundation Soft Loan

3. Business Plans/Proposal for Bank loans etc
Also "Learn How You Can Become Successful As An Nysc Corp Member Making Over 500, 000" by texting "NYSC" to the above numbers.
The ebook is N1,500 only.